Business Emerging Markets Headlines Morocco

Morocco’s aerospace exports more than triple over a decade

Despite global industrial disruptions over the past decade, including the COVID-19 pandemic, geopolitical tensions, and post-pandemic inflation, Morocco’s aerospace sector has demonstrated remarkable resilience and growth. According to figures from the foreign exchange regulator, the country’s aerospace exports have more than tripled between 2014 and 2024, rising from 7.69 billion dirhams to 26.44 billion dirhams […]

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Regional equity, next reform spurred by King Mohammed VI

While Morocco celebrates its status as an emerging nation, it still needs to elaborate “next generation” of reforms to ensure equal development across regions, with a particular attention to rural areas, King Mohammed VI said. Achievements Morocco, thanks to a forward-looking royal vision, has joined the ranks of “high human development” countries and reduced multidimensional […]

Emerging Markets Headlines Morocco

Morocco’s King calls for a new approach to social development that promotes integrated regional development

King Mohammed VI has called for a shift from traditional approaches to social development, to an approach that promotes integrated regional development, making it clear that today or at any time in the future, it is not acceptable for Morocco to be a two-speed country, and insisting on the need to adopt next-generation local development […]

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Sahara: Morocco’s diplomatic strategy under reign of King Mohammed VI pays off

Over the past years, under King Mohammed VI’s leadership, Moroccan diplomacy went full speed, gaining growing recognition for the autonomy plan as the only credible and lasting solution to the Sahara issue. The US recognition of Morocco’s sovereignty over the Sahara territory in 2020- as part of a trilateral deal involving the resumption of ties […]

Emerging Markets Finance Headlines Morocco

Morocco’s King receives Central Bank’s annual report, focus on Kingdom’s economic & financial situation in 2024

King Mohammed VI received, on Tuesday at the Royal Palace in Tetouan, Governor of central Bank Abdellatif Jouahri, who presented to the Sovereign the Bank’s annual report on the Kingdom’s economic, monetary and financial situation in 2024. The royal audience was attended by Crown Prince Moulay El Hassan and Prince Moulay Rachid. In his address […]

Emerging Markets Finance Headlines Morocco

Morocco to cut budget deficit to 3% in 2026

The Moroccan government expects to cut its budget deficit to 3% of GDP in 2026, from 3.5% this year, as it continues to pursue fiscal consolidation and structural reforms, finance minister Nadia Fettah Alaoui said. The government expects to narrow the deficit thanks to tax reforms, while maintaining support for strategic investments and social programs, […]

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Portugal explores Morocco power link after Iberian blackout

Three months after a massive power outage plunged the Iberian Peninsula into darkness, Portugal unveiled Monday a €400 million plan to reinforce its electrical grid—and floated the possibility of connecting to Morocco’s power network. Environment Minister Maria da Graça Carvalho announced 31 measures designed to prevent future blackouts, reassuring citizens that not all costs would […]

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Morocco, an African industrial powerhouse under reign of King Mohammed VI

Twenty-six years ago, no one would have imagined that Morocco’s top exports would be cars. Morocco’s GDP, thanks to the King’s far-sighted approach, has more than doubled in a tough environment reaching some $130 billion, thanks to different economic policies spurred by the King, with the industry at its heart. Industry has helped Morocco reduce […]

Africa Business Emerging Markets Headlines International Morocco

Niger looking for Morocco’s support to set up new airline company

Niger’s government has requested Morocco’s help for establishing a national airline carrier during a meeting held lately in Rabat between Moroccan Transport minister Abdessamad Kayouh and his Nigerien peer Abdourahamane Amadou. “Niger wants to benefit from Moroccan expertise to establish its national airline,” said the Moroccan minister citing the Kingdom’s experience in airports modernization and […]

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World Cup spurs Morocco’s infrastructure projects

After the Royal Palace’s announcement of Morocco’s successful joint bid to host the FIFA World Cup 2030 alongside Spain and Portugal, the country fast-tracked major infrastructure upgrades. This includes accelerated development of roads, railways, airports, hospitals, stadiums, and hotels—marking a transformative moment for Morocco’s urban and regional planning. Stadiums The country is building a 115k-seat […]